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Vietnam Mandates Facial Recognition for Digital Payments Above $390
The new policy change received validity from the State Bank of Vietnam at the start of July, with the banking regulator hinting at a strict enforcement of the rules.
- Categories
- Technology
- Region
- South Asia
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Report: IMF Unveils Artificial Intelligence Preparedness Index for 174 Nations
While acknowledging AI's potential to enhance productivity, stimulate economic growth, and increase incomes, the IMF also highlighted its potential to disrupt labor markets.
- Categories
- Technology
- Region
- Global
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OpenAI Cuts Its Last and Most Important Link to China
On July 9, developers in China will lose API access to all OpenAI platforms, the final step in a slow process of cutting off the country’s access to U.S.-based machine learning tools.
- Categories
- Technology
- Region
- Asia Pacific
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All AI Work is Not Created Equal: Building an Ecosystem That Supports Not Just Jobs, But Employment in East Africa
With the global artificial intelligence market expected to grow to almost $830 billion by 2030, the impact of AI on employment in emerging markets is a topic of growing interest — and concern. Wendy Gonzalez at Sama explores the advantages and disadvantages of different types of AI work, and argues that the industry must build ecosystems that can support not just low-paid, crowdsourced contract jobs, but stable, formal employment if it hopes to generate lasting economic growth in regions like East Africa.
- Categories
- Technology
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Alyve Health Bags USD $5.5 Million in Series A Round
With the raised capital, the Mumbai-based health-tech startup aims to grow initiatives across key areas.
- Categories
- Health Care, Technology
- Region
- Asia Pacific
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Press Release: Digital Future for Africa: African Development Bank and Intel to Train Millions in Artificial Intelligence (AI)
The training will address socio-economic challenges and boost productivity in key growth sectors such as agriculture, health, and education, thereby disrupting traditional growth cycles.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Solving the Educational Disparity in India: A Scalable Solution Leverages AI and Behavior Change to Reach Underserved Communities
Around 37 million Indian children lack access to any form of early education service. Vishal Sunil and Sushmita Roy at Rocket Learning discuss how their organization is addressing this issue through its learning platform, which leverages AI technology and WhatsApp to provide free educational tools to children and parents, while offering training and other resources to the daycare workers who play a key role in the country’s early childhood development landscape.
- Categories
- Education, Technology
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LAfricaMobile Secures $4.6 Million in Series A Funding to Expand Cloud Communication Platform in Africa
LAfricaMobile plans to leverage the funds to propel its growth across Central Africa and further enhance its product offerings.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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